Bulgarian aluminium specialists and Gestamp: inroads into auto industry

Etem Bulgaria, the wholly-owned subsidiary of the  Belgium-based holding company Viohalco and a leading regional producer…

India and China take their marks for electric car race

India’s most influential government think-tank has recommended lowering taxes and interest rates for loans on electric…

VW looks to India for new ideas

VW: German car manufacturer Volkswagon is considering setting up a major R&D and engineering centre in…

Renault joins Western rush into Iranian car market

Renault  has become the latest Western car manufacturer to return to the Iranian car market this week…

AvtoVAZ tempts Renault to take control with $386m share issue

AvtoVAZ, the Russian car manufacturer behind the country’s iconic Lada  brand, is hoping to raise RUB25bn…

SK Networks strikes $1bn deal with Iran’s SAIPA

South Korea’s SK Networks has agreed to procure auto parts and car production materials worth up…

South Korea’s LG subsidiary to build electric cars in Iran

A subsidiary of  South Korea’s  LG Corporation  has announced it is going to  manufacture electric cars…

Renault man Nicolas Maure takes charge of Avtovaz – and $1bn of losses

Nicolas Maure, the new CEO of  Russia’s flagship car manufacturer Avtovaz,  took up his post today…

Chinese electric car maker BYD to invest $2bn in Indian battery plant

Chinese electric auto maker BYD is considering investing  more than $2bn in a battery production plant…

Rouhani calls for privatisation of Iran’s car industry

Iran’s car industry should be completely privatised if it is to become a global competitor, President…

Russian embargo on Turkish goods spreads to textiles and auto industries

Russian embargo on Turkish goods: Russian clothing manufacturers are beginning to face a shortage of materials as the  deterioration of relations between…

China set to top electric car market

Electric car sales in China are expected to reach 220,000 to 250,000 this year, putting it…

Ford to invest $2bn in Chinese R&D programme

US automotive giant Ford is to invest nearly US$2bn in research and development in China, despite falling…

Auto,energy & chemical sectors down as Chinese profits dip

Chinese profits. Net profits from China’s largest industrial enterprises fell 8.8% year on year last month (August),…

AvtoVAZ to cut 15,000 jobs

Troubled Russian automotive manufacturer AvtoVAZ has drawn up plans to lay off 15,000 of its 49,000-strong…

Weak rouble boosts Russian auto industry exports

Russian auto industry exports: Multinational automotive companies have begun  to export cars and car parts manufactured in Russia…

KAMAZ and Hawtai join forces for truck and car production

Russian truck manufacture KAMAZ and Hawtai Motor Group from China are to set up a joint venture…

GM Uzbekistan planning new car plant

Uzavtosanoat  and GM Uzbekistan  are planning to build a new factory, a spokesman for the Uzbek company told…

Moscow increases subsidies for Russian auto industry

Moscow is to increased subsidies for the beleaguered Russian auto industry from RUB10bn to RUB15bn, it announced on Friday,…

Mercedes-Benz puts plans for new Russian car plant on hold

Mercedes-Benz  has suspended plans to build a new car plant  in the  Russian oblast of Vladimir,…

Tests of Kamaz unmanned Autorobot vehicle begin

Tests of the unmanned Autorobot vehicle being developed by  Kamaz in conjunction with Cognitive Technologies and the…

BMW puts off plans for new Russian factory

BMW has  postponed a decision about whether to build a new assembly plant in the Russian exclave of…

Mitsubishi Fuso suspends Russian operations

The Mitsubishi Fuso Truck and Bus Corporation, the German-owned truck and bus manufacturer with headquarters in Japan,  has suspended…

Russian car manufacturers open negotiations with Iran but face stiff competition

Russian car manufacturers AvtoVAZ, GAZ and Kamaz are in talks with Iran about the possibility of opening car…